4747 Thomas RdPhoenix, AZ 85018

Property Details for 4747 Thomas Rd

Year built

1969

Construction

CONCRETE

Lot size

0.36 AC

Property size (Sq ft)

3,648 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Strip malls

APN

126-13-094B

APU

12613094B

Description

This exceptional 3,567 square foot commercial property, located at 4747 East Thomas Road in Phoenix, Arizona, presents a unique leasing opportunity. The building, constructed in 1965, offers a blend of retail and executive office space within a single-tenant configuration. Currently, 700 square feet are available for lease, providing a fantastic chance for a business to establish a presence in a high-traffic area. The property boasts excellent visibility and signage opportunities, benefiting from an estimated 26,000 cars passing daily. Its classification as street retail ensures maximum exposure and accessibility for customers. The property's location in the 85018 zip code of Phoenix, Arizona, places it within a thriving commercial district. This adaptable space is perfect for businesses seeking a prominent and easily accessible location to establish or expand their operations. The existing building provides a solid foundation for a variety of retail or office uses, allowing for customization to meet specific business needs. This is a rare opportunity to secure a well-positioned commercial space in a highly desirable Phoenix location. Inquire today to learn more about this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,476,488

  6.5%

  $1,362,912

  7%

  $1,265,561

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,417,095

  Geo Method

  $1,417,095

• Alternative Use

  Use

  Valuation

  Residential

  $1,149,667

  Hospitality

  $1,053,089

  Educational

  $876,158

  Medical

  $906,290

  Retail

  $1,362,912

Location Insight

City

Phoenix

County

Maricopa

State

Arizona

Latitude

33.4798

Longitude

-111.979

CBSA code

38060

CBSA name

PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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